Shared ownership
Full Market Value: £ 580,000
Share Value (70%): £ 406,000
Monthly Rent: £ 371.13
Service Charge: £ 25.00
Council Tax Band: D
125 year lease commenced October 2017 - 119 years remaining
This property is located within this much sought residential road within extremely close proximity to the vast open spaces of Mitcham Common. Nearby schools include, William Morris Primary, Harris Academy Merton and The Sherwood School. Transport links located nearby include, Beddington Lane Tram, Therapia Lane Tram and a short walk to Mitcham Eastfields train station (Southern & Thameslink rail).
The buyer will require a deposit to obtain a mortgage for this property.
To meet the requirements for this property we require as a guideline, a minimum household income of £91,350. If you are offered the property, your ability to afford this property will be assessed at your financial interview. Please note that applicants should purchase the maximum share that they can afford and sustain.
Only applicants who are registered with London and Quadrant will be eligible to be offered a property in one of our schemes. If you are not registered, please visit our website and register to obtain your unique reference number.
Your home is at risk if you fail to keep up repayments on a mortgage, rent or other loan secured on it. Please make sure you can afford the repayments before you take out a mortgage.
These particulars are of opinion only, are intended to give a fair description and do not form the basis of a contract. The descriptions and all other information are believed to be correct as at October 2022.